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Houston ZIP Comparison: 77002 vs 77047

Begin with the individual housing-market profiles for ZIP 77002 and ZIP 77047, then use the shared measures below to compare them consistently.

MeasureZIP 77002ZIP 77047
Typical home value$246,154$251,839
Typical rent$1,779$1,935
Homes for sale88160
Buyer competition5652
New listings1342
Homes going pending-27
Listings with price cuts20.4%27.3%

ZIP 77047 has 2.3% higher typical home value than ZIP 77002. ZIP 77047 has 8.1% higher typical rent than ZIP 77002.

Key stats

  • ZIP 77047 has 2.3% higher typical home value than ZIP 77002.
  • ZIP 77047 has 8.1% higher typical rent than ZIP 77002.
  • ZIP 77047 has 45.0% higher for-sale inventory than ZIP 77002.
  • ZIP 77002 has 7.7% higher buyer competition than ZIP 77047.
  • The home-value-to-annual-rent ratio ranges from 10.8 in ZIP 77047 to 11.5 in ZIP 77002.
typical home value delta
ZIP 77047 has 2.3% higher typical home value than ZIP 77002.
typical rent delta
ZIP 77047 has 8.1% higher typical rent than ZIP 77002.
homes for sale delta
ZIP 77047 has 45.0% higher for-sale inventory than ZIP 77002.
buyer competition delta
ZIP 77002 has 7.7% higher buyer competition than ZIP 77047.

The largest measurable differences

ZIP 77047 has 2.3% higher typical home value than ZIP 77002. ZIP 77047 has 8.1% higher typical rent than ZIP 77002. ZIP 77047 has 45.0% higher for-sale inventory than ZIP 77002.

Price and rent differences

ZIP 77047 has 2.3% higher typical home value than ZIP 77002. ZIP 77047 has 8.1% higher typical rent than ZIP 77002.

The home-value-to-annual-rent ratio ranges from 10.8 in ZIP 77047 to 11.5 in ZIP 77002.

Supply and buyer pressure

ZIP 77047 has 45.0% higher for-sale inventory than ZIP 77002. ZIP 77002 has 7.7% higher buyer competition than ZIP 77047.

Continue your market research

Sources and method

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